Under dispatch No. 63/CD-TTg, ministries, ministerial-level agencies, and People’s Committees of centrally run provinces and cities are instructed to study the findings of the 2024 Provincial Competitiveness Index (PCI) Report.

Workers at an electronic parts factory.

Authorities are expected to develop practical proposals to address existing limitations, reinforce governance standards, respond swiftly to business feedback, and eliminate obstacles that hinder enterprise development.

The dispatch further highlights the need for comprehensive measures to enhance governance capacity, accelerate socio-economic progress, and improve the investment and business landscape with a clear emphasis on sustainable development and environmental stewardship.

A firm stance is taken on improving public service delivery. Government bodies, civil servants, and public employees are required to adopt a more service-oriented approach when working with people and enterprises. Those violating regulations or displaying misconduct will face strict disciplinary action.

The PM also instructs relevant agencies to implement targeted measures that empower domestic businesses, enhance production capabilities, and strengthen linkages with foreign-invested firms to build durable local supply chains.

Concurrently, emphasis is placed on human resource development, especially for technical and supervisory roles, through collaboration with educational institutions, vocational training centres, and on-the-job internship programmes.

The Ministry of Finance has been assigned to coordinate with the Viet Nam Chamber of Commerce and Industry (VCCI) and other relevant agencies to develop a set of specific policy recommendations to improve the business environment and bolster national competitiveness. These recommendations are to be submitted at the Government’s regular cabinet session in June.

The dispatch also calls on the VCCI to remain proactive in identifying the challenges enterprises face in their daily operations. It is encouraged to continue conducting independent, data-driven assessments of Viet Nam’s investment climate and provide policy, legal, and strategic recommendations to the PM.

The VCCI is expected to work closely with ministries, sectors, and local authorities to roll out initiatives that support the dynamic and sustainable growth of the private sector.

Bac Giang approves two new industrial infrastructure projects

BAC GIANG - The People’s Committee of Bac Giang Province (PPC) on May 9 held a ceremony to hand over the Decision approving investment policies and selecting investors for two industrial infrastructure projects: the Tien Son–Ninh Son Industrial Park (Phase 1) in Viet Yen township and the Phuong Son–Dai Lam Industrial Cluster in Luc Nam and Lang Giang districts. The event was chaired by PPC Chairman Nguyen Viet Oanh.

Bac Giang provincial leader meets with AeonMall Vietnam and Newland Investors

BAC GIANG – The Chairman of Bac Giang provincial People’s Committee (PPC) Nguyen Viet Oanh on May 9 hosted a working session with representatives from AeonMall Vietnam Company Limited (AeonMall) and Newland Investment Joint Stock Company (Newland).

Vifoco becomes first northern Vietnam fruit packer approved for US exports

BAC GIANG - The United States Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) has approved the fresh fruit packing facility of Vifoco Import-Export Joint Stock Company (Bac Giang City of Bac Giang province) for export to the U.S. market.

Diversifying sales channels to boost lychee market reach

BAC GIANG - While lychees are still in the early fruiting stage, Bac Giang has proactively launched trade promotion efforts. Numerous agreements on purchasing, distribution and logistics have been signed, opening new avenues for this year's harvest.

Bac Ninh's FDI atraction sees two-fold rise in four month

To date, Bac Ninh is home to 2,475 active FDI projects, with a total registered capital exceeding 31 billion USD.